Supplements: Solutions Manual｜Test Bank｜Test Bank Answer｜Power point｜
Author
Don M. Chance - Louisiana State University
Robert Brooks - University of Alabama, Tuscaloosa
Description
This leading text gives students a solid understanding of financial derivatives and their use in managing the risks of financial decisions. AN INTRODUCTION TO DERIVATIVES AND RISK MANAGEMENT, 9E provides a blend of institutional material, theory, and practical applications. The latest financial information throughout this edition and timely updates on the text's website ensure your course reflects the most recent changes in one of the most volatile sectors of today's financial world. You'll find detailed coverage of options, futures, forwards, swaps, and risk management as well as a balanced introduction to pricing, trading, and strategy. A variety of practical end-of-chapter applications, memorable examples from real businesses, and minimal use of technical mathematics keep the text accessible and engaging for students. Stock-Trak software, available with each new text, provides additional value and practical application opportunities for your students. Approximately 25 PowerPoint slides per chapter highlight tables and figures with useful hyperlinks that allow you to jump to the table or figure and back again without breaking the flow of your lecture. The online Solutions Review Manual gives your students a useful online review tool, providing answers to the end-of-chapter problems, as well as the step-by-step solutions, so students can check their own work and determine exactly where they may have made errors. New Test Bank questions help you better evaluate your students' understanding of the text's concepts. You'll find a variety of more than 300 questions within this proven Test Bank.
Table of Contents
Part I Options.
Ch 1 Introduction
Ch 2 Structure of Options Markets
Ch 3 Principles of Option Pricing
Ch 4 Option Pricing Models: The Binomial Model
Ch 5 Option Pricing Models: The Black-Scholes-Merton Model
Ch 6 Basic Option Strategies
Ch 7 Advanced Option Strategies
Part II Forwards, Futures, and Swaps
Ch 8 The Structure of Forward and Futures Markets
Ch 9 Principles of Pricing Forwards, Futures, and Options on Futures
Ch 10 Futures Arbitrage Strategies
Ch 11 Forward and Futures Hedging, Spread, and Target Strategies
Ch 12 Swaps
Part III Advanced Topics
Ch 13 Interest Rate Forwards and Options
Ch 14 Advanced Derivatives and Strategies
Ch 15 Financial Risk Management Techniques and Applications
Ch16 Managing Risk in an Organization
